Resort

Resorts are multifaceted destination commercial real estate properties which cater primarily to recreation seeking guests looking for an all-inclusive experience or a variety of experiences provided by the location or easily accessible in the vicinity. They can provide different facilities and amenities consistent with their destination themed attractions inclusive of resort area, hotel, residential condominiums, shopping center, theme park, golf course, etc. This property type comparable to other properties designed to accommodate the hospitality industry is intricately tied to its lodging profitability component as well as other variables which determines its viability as a commercial real estate asset class. There are lenders interested in this commercial real estate property type and provide funding for purchasing, refinancing and new construction with attractive rates and terms.